5, WELLS CLOSE, EXMOUTH, EX8 5QL - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WELLS CLOSE is a very large detached house of 154m², built sometime between 1983 and 1990, which could now be worth an estimated £613,067. It was last sold for £390,000 in July 2008, which was around 14% above the average July 2008 detached price in the East Devon local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

5 WELLS CLOSE Sold Prices

Land registry data shows two sales for 5 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 5 WELLS CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 4 JUL	£390,000	£343,471	14% above HPI
2003 6 NOV	£327,000	£270,398	21% above HPI

5 WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 5 WELLS CLOSE sales from November 2003 and July 2008 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2008 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 WELLS CLOSE be worth now?

5 WELLS CLOSE might now be worth an estimated £613,067.

This is based on house price inflation of 57.2%, between July 2008 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.2% inflationary increase is applied to the most recent sale price for 5 WELLS CLOSE of £390,000 on 4th July 2008. For the value to have increased from £390,000 to £613,067 over the seventeen years and five months to February 2025, the following assumptions must hold true:

• The value of 5 WELLS CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2008 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WELLS CLOSE has not materially changed since July 2008.

How Large is 5 WELLS CLOSE?

5 WELLS CLOSE is 154m² according to the EPC inspection conducted in August 2024. This puts it in the largest 20% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 5 WELLS CLOSE lies on this distribution: 82% of detached houses houses are smaller than 5 WELLS CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

5 WELLS CLOSE: Plot and Title Map

5 WELLS CLOSE sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 5 WELLS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 WELLS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 WELLS CLOSE?

5 WELLS CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 5 on WELLS CLOSE.